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| Phone:
800-905-1012 |
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| The
Sum of the Parts: |
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Administrator
Insurer
Reinsurer |
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| This
combination of an experienced and financially secure Administrator,
a policy issuing Insurer that can, under
federal charter, react promptly to changes in market conditions
and a Reinsurer with over $3 Billion
in assets and $800 Million in surplus provides Extended Auto Warranty Services dealers with a level of experience, security and
flexibility unmatched in the service contract industry. |
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The Administrator, whose primary business is the design and administration of vehicle service contract programs,
is a leader in the service contract industry, with over $210,000,000 in gross written premiums and over $71,000,000
in assets and capitalization. The administrator is the center hub of several automotive-related entities with a
common focus: to provide insurance and related services for automotive product liability. This is accomplished
through administrative and support companies working with The administrator to cover all aspects of the
urrent and emerging industry needs.
Insurance
· National Market Access · Claims Administration
· Service Contract Design · Marketing ·
Emergency Road Service · Financial
The insurer is a licensed Insurance Company domiciled in South Carolina.
The Company was created in compliance with the Federal Risk Retention Act of 1986 in order to provide insurance need for automotive
service contracts and related product liabilities. USA Risk Group, an international management company, acts as the South Carolina captive manager
captive manager.
The administrator has a reinsurance agreement with one of the largest
reinsurance carriers in the world with rating of A, the highest possible financial rating. Thus, the administrator is able
to offer the financial security and strength that people can rely upon. |
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